iShares Emerging Markets Fundamental Index ETF (CWO.NEO)

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The chart shows the growth of an initial investment of CA$10,000 in iShares Emerging Markets Fundamental Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

iShares Emerging Markets Fundamental Index ETF (CWO.NEO) has returned 5.44% so far this year and 24.20% over the past 12 months. Over the last ten years, CWO.NEO has returned 10.34% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.

Based on dividend-adjusted daily data since Apr 7, 2009, CWO.NEO's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, your investment would double in approximately 7.2 years.

Historically, 54% of months were positive and 46% were negative. The best month was May 2009 with a return of +16.4%, while the worst month was Sep 2011 at -18.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CWO.NEO closed higher 47% of trading days. The best single day was Oct 27, 2011 with a return of +8.2%, while the worst single day was Mar 18, 2020 at -9.0%.

iShares Emerging Markets Fundamental Index ETF has an annualized alpha of 2.48%, beta of 0.64, and R² of 0.23 versus S&P 500 Index. Calculated based on daily prices since April 08, 2009.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (60.42%) than losses (58.92%) — typical of diversified or defensive assets.
• Beta of 0.64 may look defensive, but with R² of 0.23 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.23 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CWO.NEO has an expense ratio of 0.73%, placing it in the medium range.

CWO.NEO ranks 70 for risk / return — better than 70% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for iShares Emerging Markets Fundamental Index ETF (CWO.NEO) and compare them to a chosen benchmark (S&P 500 Index).

iShares Emerging Markets Fundamental Index ETF provided a 2.64% dividend yield over the last twelve months, with an annual payout of CA$1.36 per share.

The table displays the monthly dividend distributions for iShares Emerging Markets Fundamental Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the iShares Emerging Markets Fundamental Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares Emerging Markets Fundamental Index ETF was 31.99%, occurring on Jan 21, 2016. Recovery took 189 trading sessions.

The current iShares Emerging Markets Fundamental Index ETF drawdown is 5.99%.

The chart below shows the rolling one-month volatility.